# Dutch multinational ING considers entering DeFi lending industry

# Dutch multinational ING considers entering DeFi lending industry

“# Dutch multinational ING considers entering DeFi lending industry ” In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following…

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# Aave price hits two-month high on Wall Street’s DeFi adoption hopes

# Aave price hits two-month high on Wall Street’s DeFi adoption hopes

“# Aave price hits two-month high on Wall Street’s DeFi adoption hopes ” Demand for Aave (AAVE) boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally-focused investment vehicle. The San Francisco-based asset management firm announced Wednesday that it would invest directly in AAVE to back its “Bitwise…

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# Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

# Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

“# Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol ” Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a…

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# Projects weigh security risks, benefits of liquidity pool token collateral

# Projects weigh security risks, benefits of liquidity pool token collateral

“# Projects weigh security risks, benefits of liquidity pool token collateral ” Multiple decentralized finance (DeFi) projects are moving forward with plans to allow liquidity provider tokens as collateral for stablecoin and lending services — though experts caution that the security considerations associated with using LP tokens in this manner can be complex.  LP tokens…

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